Half of the cost of an electric car is from the battery packs and cost of these battery packs are projected to fall 77% by 2025! Just back in 2010 it cost $1000 per kWh and today Tesla is doing it at a cost of $190 per kWh. So prices have already fallen significantly and will continue this trend. This is encouraging to see and this is why we don’t need to subsidize and encourage people to go “green.” When the price is right because of production prices have drastically fallen then the consumer will step up to the plate and make the transition from a conventional gasoline engine to an electric car. Isn’t the free market a beautiful thing?

Many conservatives and supply siders seem to think we can grow out of massive debt problems but that is not the case. Even if we achieved economic growth of 3% instead of our current average since 2010 at 2% that will cut the deficit by $3 Trillion over the next decade. That sounds all nice but we will still be adding another $9 Trillion to the debt over that same decade! Entitlements need to be addressed if we want to get serious about our debt issues. Unfortunately for us, the politicians out there will take the easy way out by destroying the value of the currency via inflation.

Capitalism today is seen as a bad word but this is because what people see as capitalism is really crony capitalism! This is what we need to change in people’s minds! This is not how capitalism really is! Capitalism is about exchanging value for value. The very wealthy are getting wealthier at a faster pace today compared to every other income group out there because the very rich benefit from an inflationary monetary policy from the Federal Reserve! We need to stop this cronyism now before it’s too late and all we are left with is an authoritarian regime.

The crisis in Venezuela just continues to get worse. Riots have been going on for 2 months now and protestors have taken down a statue of Hugo Chavez. The crisis continues to get worse as the government continues to take more and more control. Seizing private property, having majoring ownership in 511 companies and things just get worse for the Venezuelan people. When will people put 2 and 2 together? I won’t hold my breath.

April 29th marked President Trump’s 100th day in office. The importance of the first 100 days is stressed day in and day out in the media but what’s to make of Trump’s presidency thus far? Some libertarians were enthusiastic supports of President Trump. They thought Trump’s foreign policy would be very much isolationist. What we have learned of Trump’s first 100 days in office is that he’s an interventionist domestically as well as internationally. This isn’t good news for lovers of liberty!